Page 126 of Income Tax

Income Tax return filing is mandatory if you want to claim income tax refund or carry forward a loss under…

The D-Day for filing income tax returns for AY2018-19 for certain categories of taxpayers has finally arrived. So, if you…

With the extension in due date for ITR filing for AY 2018-19, some simultaneous changes have also been made both…

Rebate under Section 87A is allowed only when total income does not exceed Rs 3,50,000.

The due date for filing income tax return for assessees in Kerala has been extended following devastating floods.

If you have worked abroad for a year or have some overseas investments such as bank accounts, shares, 401K, pension…

Payment receipt and Section 80G(2) certificate will be issued for every successful payment through portal https://donation.cmdrf.kerala.gov.in

If you want to claim your income tax refund, then you should keep a few important things in mind. Here…

The tax return filing process is incomplete till you submit ITR-V

The Income Tax Department issued as many as 1.96 crore new PAN cards during the quarter ending March 2018, taking…

Taxpayers can now expect their ITRs to be processed fast as CBDT has reportedly asked the Income Tax Department to…

Now even a slight inaccuracy in the filing of tax returns can get you a notice from the Income Tax…

If a piece of property is jointly owned with one’s spouse, a question arises that can both husband and wife…

Income Tax collection in the country stood at a record Rs 10.03 lakh crore during 2017-18, the Central Board of…

Home loans are a smart choice if you have a steady source of income. The tax benefits owing to home…

The income earned in the name of minor is taxable in the hands of the parents whose income is greater,…

In what would make the income tax department less intrusive, it would scrutinise only 0.35% of returns filed for the…

Revise the defective ITR within 15 days of notice addressing the defects